GlobalXTM integrated system enables our clients to trade in international markets without the regulatory costs or burdens typically associated with cross-border transactions.
The GlobalX system was developed with advice from Tradeware counsel and consultation with U.S. and all major European regulators. This structure enables Tradeware Global to support pure Agency, "Delivery-Versus-Payment" (DVP), trading removing the need for a U.S. broker-dealer to interpose itself into the settlement process - as long as the trading occurs within GlobalX network.
This process gives our client broker-dealers the ability to minimize Regulatory and Risk Capital requirements by allowing to settle all trades as true 'Agency' transactions regardless of the destination market.
Hence, through GlobalX institutions in one jurisdiction can execute and receive orders from other jurisdictions without the need to be regulated in those markets.